Dogecoin Holders Are Buying Into This Crypto Priced At $0.0199 After Analysts’ $20 Predictions

Dogecoin (DOGE) investors are currently on the lookout for the next big thing in the market. One project that has caught their attention is Remittix (RTX). RTX is a new altcoin that is currently trading at $0.0199. The presale success and utility of the DeFi coin could push its price to $20 soon.

Meanwhile, the value of DOGE has been dropping in the past week, nevertheless Trader Tardigrade notes the memecoin could start a parabolic run soon.

Dogecoin (DOGE) Price Declines

Data from CoinMarketCap shows the price of the Dogecoin crypto has been on a downtrend since the first week of January. Information from the Dogecoin price chart shows its value has dropped by 17.4% on the weekly timeframe. 

Despite trading as high as $0.400 early in the month, the price of $DOGE has tumbled to the $0.3100 support level. Even mentions from Elon Musk could not force a recovery. 

Looking ahead, the sentiment around the memecoin is still bullish. However, some of its technical indicators like the Fear and Greed Index are bullish. The indicator shows Greed which means that investors’ interest has not died down completely.

Meanwhile, Mister Crypto notes that Dogecoin (DOGE) is in its final consolidation phase. The next move from here could be a blast off to $1.5  in the coming months, the analyst added. Mister Crypto compared the current price chart with that of 2021 noting some similarities.

Another expert called Trader Tardigrade noted that the Dogecoin price is moving steadily within some fractals. They encouraged investors to remain steadfast saying they are not bullish enough. Traders Tardigrade forecasts the value of the memecoin might surge to $1.6 in the coming weeks.

Remittix (RTX) Gets Pre-Listed on CoinMarketCap 

The ongoing blockchain ICO of Remittix (RTX) continues to make headlines in the crypto market. The project has sold over 158 million coins while raising more than $2.7 million in funding. Interestingly, reports reveal that the RTX coin is now pre-listed on CoinMarketCap.

This is a huge development given the project is still at the infancy stage. Currently priced at $0.0199, the price of this DeFi coin is expected to increase by 20x this year. Potential catalysts include the rising interest from investors, the potential for more friendly regulation, and the growth of Remittix for cross-border payment.

Remittix is set to transform the way people make payments across borders by integrating the use of cryptocurrency with conventional financial systems. This revolutionary service allows users to easily exchange more than 50 digital assets for over 30 fiat currencies and transfer the funds to banks globally. 

This does away with the time, high costs, and formalities of conventional cross-border payments, making it quicker, cheaper, and easier for people and companies. In addition to the time and money, Remittix values security and openness. As a result of the blockchain integration, the platform provides secure and transparent transactions to the users.

As a result, Remittix is well positioned to become one of the key players in the new generation of payment systems that are based on innovation, user-oriented approach, and security. Remittix is already helping individuals and businesses to have a better and easier method of transferring money across borders and this is the key to a more connected and inclusive financial system.

The Best Crypto Investment Right Now Is Remittix

With Dogecoin (DOGE) holders and other investors joining Remittix, the potential for further growth is very clear. From its presale that has attracted a lot of attention to its vision of revolutionizing payments, this project is set to redefine the DeFi market. So, investors looking for the best crypto to buy are turning to Remittix before the presale is over.